decisively. gwen: we promised you that there would be truth and consequence. first up, for the president and the house speaker as the government faces mandatory year end spending cuts and tax hikes, let's make a deal. >> i don't want to box myself in. i don't want to box anybody else in. i think it's important for us to come into agreement with the president but this is his opportunity to lead. >> right noit, if congress fails to come to an agreement on an overall deficit reduction package by the end of the year, everybody's taxes will automatically go up, everybody. including the 98% of americans who make less than $250,000. and that makes no sense. >> there you have it, the sounds of gaunt lents being thrown down. 24 hours later, who picks it up, john?